The month of May has been busy. The Reserve Bank of Australia handed down their monthly monetary policy decision and we saw a number of changes foreshadowed with the release of the 2017-18 Federal Budget.
In this month’s edition, we take a light-hearted and informative look into the financial attitudes and behaviours of the ‘super wealthy’. Our animation explores the benefits of having a buy-sell agreement in place when it comes to business succession planning. We discuss the risks and responsibilities of becoming a guarantor on a loan for a family member. We continue our focus on aged care services with Home Care Packages. And, we share Adam Carroll’s TED Talk video, on the importance of teaching children financial literacy from an early age. Finally, we showcase one of our latest tools, the Rent vs Buy Calculator.
Whilst on the path to financial freedom, occasionally it can be helpful to gain perspective along the way, by considering and then reflecting on the financial attitudes and behaviours of others. In this article, we look at several of the interesting findings from the 2017 Wealth Report.
When developing a business succession plan, having a buy/sell agreement in place may be a key consideration. In this animation, we discuss how this may assist in a smooth transition between a departing business owner and the remaining owners who wish to carry on with the business.
The domestic housing market has received considerable attention over the last 12 months due to concerns around housing affordability, especially for new entrants. In this article, we discuss things to consider before becoming a guarantor on a loan for a family member.
If you or a loved one requires higher-level aged care services, but would still like to reside at home then a Home Care Package may be an option to consider. In this article, we take a closer look at how this service works.
Do you remember playing Monopoly as a child? If so, do you think the way you played may have changed if you’d used real money? In this video, we explore the importance of educating your children on the value of money from an early age especially given the emergence of ‘tap & pay’.